Connect with us

Hi, what are you looking for?


DTI’s Pascual calls on subordinates to improve internal information-sharing 

THE Department of Trade and Industry (DTI) needs to develop more agile methods of performing its work, with bureaus called on not to confine themselves to “silos” in their own areas of specialization, Trade Secretary Alfredo E. Pascual said.

Addressing the department at a flag ceremony on Monday on the new government’s first full week in office, Mr. Pascual said the DTI’s component parts need to work better together.

“We need to share information. We need to dismantle silos and break down walls that divide offices in our department and its attached agencies and government-owned and -controlled corporations. That is the best way I believe we can harness the capabilities of our officials and staff in DTI to address problems that come our way,” Mr. Pascual said.

“Going forward… I want us to have the agility and the readiness to organize teams, task forces, and small working groups as we respond to the country’s changing needs and priorities,” he added.

“Many challenges lie ahead as we all know with the ongoing pandemic which continues to threaten the lives and livelihoods of many of our fellow Filipinos; the war in Ukraine that has resulted in the soaring prices of fuel and gasoline, increasing the cost of basic goods and necessities; and rising inflation, which causes further distress to our fellow consumers and struggling businesses,” he said.

Mr. Pascual promised to help businesses to become profitable in a sustainable way.

“We will continue to help businesses do well, so they can make profits and become sustainable. We will encourage businesses to do good as well, so they can share the prosperity with our countrymen as all stakeholders,” Mr. Pascual said.

Mr. Pascual succeeded Ramon M. Lopez. He is a former president of the University of the Philippines and the Management Association of the Philippines. — Revin Mikhael D. Ochave 

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



PHILIPPINE STAR/ MICHAEL VARCAS WASHINGTON D.C. — The United States is seeking to form a coalition of countries to drive negotiations on a global...


Buildings are seen along EDSA in Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Diego Gabriel C. Robles  THE WORLD BANK (WB) upgraded...


Heavy traffic is seen on the southbound lane of EDSA in Cubao, Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN THE PHILIPPINE auto industry’s...


REUTERS THE BANGKO SENTRAL ng Pilipinas (BSP) may deliver a second off-cycle rate hike in early November when the US Federal Reserve is expected...


Vendors arrange their goods at a public market in Manila. — PHILIPPINE STAR/ RUSSEL A. PALMA THE ASIAN Development Bank (ADB) is planning to...

Editor’s Pick

With the reversal of the 1.25% rise in National Insurance Contributions happening on the 6th of November, employers across the nation have an opportunity...

You May Also Like


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.